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Selling a House for Cash When You Are the Trustee of the Trust

5 Benefits of Selling a House for Cash When You Are the Trustee of the Trust

How to get cash out of property for relocation or retirementAs a trustee, you are responsible for administering an estate or property on behalf of a beneficiary. You also have a duty of care to the beneficiary, implying you have to make the right decisions to safeguard their interests.  All over California in Los Angeles, The San Francisco Bay Area, and even San Diego.

In some cases, the beneficiary may be in financial distress, calling for quick and decisive action. The options available to you, as a trustee, include selling through an agent or For Sale By Owner (FBSO). These two options can’t offer a quick solution for the following reasons:

  • The agent is in control of the negotiations
  • The complex process of inspection
  • Dealing with multiple contractors to get the house ready
  • Finding the right agency and associated agency fee

That said, selling your house ‘as-is’ for cash, offers you flexibility and a quick way out of a pressing cash need.

Let’s explore the benefits of selling your property as-is for cash.

  1. NO NEED TO CONDUCT REPAIRS

If you take the agent route, you’ll need preparations to get the house ready for viewing and photo sessions, leading to suitable offers. Some common preparations include conducting repairs on the floor, roofing, kitchen, outdoors, and de-personalizing.

As a trustee, the property at hand may be ruined or damaged, calling for considerable investment to get the house in good shape. According to Forbes advisor, it can cost you up to $6,000- $10,000 per room to repair a damaged floor. The aggregate cost of repairs may rise to over $100,000 when you factor in all aspects.

As such, it’s advisable to work with cash buyers who conduct a general inspection of the home to understand its value. Selling your house to cash investors also eliminates the risk of failing to recover your preparation cost from the available offers.

  1. QUICK LIQUIDITY

Typically a house that is in bad shape will sell slower than a well-maintained one. Therefore, it’s prudent to find a solution that can deliver a sale quicker.

The cash buying process involves a simple inspection and takes a few days. It’s, therefore, an ideal solution for financially distressed sellers — in need of cash to take care of medical emergencies, top-up for an alternative property, or cater for unforeseen cash needs.

  1. GIVES YOU PEACE OF MIND

sell my house fast Los Angeles california (LA)It’s the joy of any property owner in Los Angeles to sell a home quickly with minimal investment and hustle. However, it’s hardly the case when you consider dealing with agents, multiple buyers, and the associated marketing cost.

Below is a list of stressors you can avoid by selling an inherited home for cash in Los Angeles.

  • Open House Days: Selling a house through an agent or the owner requires open days to showcase its features. Hosting such events comes with preparation costs, security risks, and disruptions in your daily schedule.
  • Sellers Health Condition: Sellers sometimes go through emotionally and physically draining aspects like grief, illness, or job loss. Financial obligations continue to pile up despite such conditions, which is why you may need an alternative process— cash selling— where your input is barely required.
  • Unreliable Agent: You can sign up with an agent who doesn’t understand the market well, affecting a favorable deal. Consequently, you may be forced to delist their services at a fee and find a better alternative.

Selling your house to cash investors, therefore, eliminates such inconveniences, thereby giving you peace of mind.

  1. ELIMINATES DELAYS

Selling a house is a lengthy and laborious process. It also involves multiple parties whose interests must correspond to strike a deal. There are several delays associated with the actions of buyers, sellers, and service providers.

Here’s a list of the possible causes of delay you can encounter on the way:

  • Lending Process: Most home buyers utilize credit facilities like a mortgage to finance the sale. The process is complicated as it involves a list of documents and fulfilling bank conditions to get the funds. Besides the typical preparation, the lending process can increase the waiting period by 2-4 weeks.
  • Irrational Buyers: A buyer who had committed to buying a property can suddenly decline to acquire the home. The seller then has to seek legal redress or find a new buyer, requiring more time, preparation, and investment.
  • Contractors Delays: Pre-sale preparation requires a facelift, which is why you need contractors. Being a third party, you have minimal control over how quickly and efficiently they dispense their duties.

Cash buyers are liquid investors who don’t approach banks every time they seek to acquire property. The quick assessment process helps them make a quick decision on the worth of a house — eliminating instances of offer withdrawal.

  1. CASH PROCESS IS QUICK AND SIMPLE

Simplicity is one of the advantages of the cash process. You can just make a phone call or send an email to start the process. It means you don’t have to constantly check on the realtor for progress or host multiple open houses.

sell my house fast Los Angeles San Diego RealtorNegotiation in the traditional sales process requires time, skill, and experience to deal with persistent customers. On the contrary, a cash buyer uses an internal evaluation mechanism to extend an offer that you can accept, decline, or request an adjustment.

Here’s a breakdown of the Seller’s Advantage cash sale process:

  • Fill out the contact form or give us a call
  • Schedule a home inspection with us
  • Accept an offer and close within days

The traditional method of selling a home through an agent can take up to 8 weeks, coupled with expenses, preparations, and anxiety. To that end, it pays to embrace a three-step cash process that takes a maximum of three weeks.

REACH OUT TO SELLER’S ADVANTAGE FOR A QUICK CASH OFFER

As a trustee, making the right decision for your beneficiary includes selling the property for cash. It’s essential to find a quick and straightforward solution that can cater to your beneficiary’s emergency needs and make a responsible trustee.

That said, Seller’s Advantage is here to help you get the perfect cash offer for your home. We have a simple and straightforward process, including an A+ rating from the BBB, which guarantees that you’ll receive top-quality service from us. Contact us today to get a no-obligation quote to sell my house fast Los Angeles.

 

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Los Angeles Realtor Says House Needs Expensive Updates To Sell

sell my house los angeles caMy Realtor Wants Home Updates and I Don’t Have the Money

When most people plan to sell a house, they hire a realtor. A real estate agent or realtor office knows the local housing market. They know the buyer pattern and seasonal flow. They also know what it takes to sell my house fast in Los Angeles for the best possible value.  The LA regional housing market is competitive with high demand and rapid turnover. Your property might have a lot of potential – but that potential might also be “hidden” behind some serious repairs and updates.

Your realtor may be insisting that to sell, you must invest thousands of dollars today for a return in the home sale price. But not everyone has the money to just sink into major home improvements when selling a house. You may not be able to update the kitchen or even to replace the old roof before the sale. Sometimes your finances just aren’t in the right place for that. But you still need to sell the house. What do you do?

Do I Really Need Updates to Sell My Home?

When the housing market is tight, you can always find someone, family or business, to buy your home. The question is which market you’re selling in. The traditional market between homeowners and home buyers is family-to-family. You’re trying to appeal to people who are ready to move into a new home. However, there are other types of buyers who are willing to buy a house even if the roof is leaking or the kitchen has outdated tiles.

So your realtor might be right about family-buyers for your neighborhood. But you don’t actually need to perform home updates to sell an LA property; just the right buyer.

Realtors and the Move-In Ready Ideal

In the modern housing market, the ideal property is move-in-ready. This means it has freshly painted walls, new roof, new appliances, steam-cleaned carpets, and recently changed locks. In other words, it’s ready for a new family to arrive with the moving truck and begin enjoying the home. Realtors and agents prefer to show their buyer-clients polished and move-in-ready homes. This creates an industry standard of homes that are repaired, repainted, and prepped for buyers to tour and move in directly. Buyers build their expectations based on this standard.

Homes ‘below the maintenance line’ won’t compete as well with most buyers who are searching with their own real estate agents. This means realtors often insist that your home needs repairs and even cosmetic updates before it can go onto the current housing market.

Fortunately, the move-in-ready market isn’t your only option. If you’re not ready to invest in costly home updates, there are other types of buyers outside the traditional real estate agent game.

The Real ROI of Pre-Sale Home Updates

First, let’s talk about ROI or Return on Investment. Most home updates do not fully return their value into the home’s final price. Replacing the roof – even a damaged roof, only returns about 70% of the investment you put in. Spend $22K on a new shingle roof, get $15K back in the home’s value. Spend $25K on a kitchen update, get maybe $20K back in the home’s value.

It’s very rare for a home update to provide complete ROI and nearly impossible to make returns unless you’re pro-flipping shabby homes back into the move-in-ready market. Whatever your realtor says about competition and increasing home value, don’t expect to get all your money back and more from the home sale after updates. Your home may sell for more, but you’ll also have put more into it.

Investment Buyers Outside the Move-In-Ready Market

The good news is that you’re not stuck in the high standards of LA’s move-in-ready home market. You don’t have to put in new wood floors or replace the wallpaper if you don’t have the budget for such big projects. In fact, you don’t even have to replace the roof or update the HVAC. What you need instead is an investment buyer, not a family ready to move in.

Investment and cash home buyers manage a large portfolio of properties. Some manage rental properties, some specialize in ‘flipping’ properties back onto the move-in market. Here at Seller’s Advantage, we take residential properties in bad condition in need of repair and buy them for cash at their current value. Then we do all the hard work of fixing it up and finding a buyer, which is part of our business model. Sellers in a bind get all the benefit of a quick sale for the home’s value – without the hassle of ‘staging’ the house for LA buyers. We make it possible to quickly cash out of a home sale.

How to Sell Your House Fast Without Pre-Sale Updates

When it’s time to sell a house, you don’t always have the time or funds to get it picture-perfect for the realtor. If your realtor can’t sell the house as-is, you don’t have to wait. Reach out to an investment buyer like Seller’s Advantage and we’ll have a cash offer for you within the week. After one quick visit, we’ll assess the home’s current value and be ready to buy immediately.

Seller’s Advantage Quick Buying Process

  1. Schedule Your Inspection
    • Contact us online or call in to schedule a no obligation inspection of the property.
    • Pick a date and time of your choosing.
    • You do not have to be there in person. A representative or proxy can lead the inspector through the property.
  2. We Value the House
    • We’ll use the inspection data to assess the value of the house.
  3. We Extend a Cash Offer
    • Once we complete the inspection, we will provide a cash offer.
  4. You Accept the Offer
    • If you like the offer we’ve made, you accept the offer and begin the transaction.
    • You are eligible for $10,000 advance.
  5. We Streamline the Title Process
    • Our team makes it fast and easy to transfer your property’s ownership.
    • No hassle with the title office or private lawyers.

You could have the house off your hands and the money in your account sooner than your realtor can secure escrow – often months sooner. You don’t have to do a single pre-sale update or repair because we’ll buy the house as-is. Because you are selling to a property investment company, you can count on us to have all the resources and experience to make the process easy.

Benefits of Selling Your Property for Cash

  • No processing fees
  • No realtor commissions
  • No open houses
  • No need for home repairs
  • No need for renovations, updates, or staging
  • No bank applications
  • No surprises
  • No hassles

Making Home-Selling Easy with Sellers Advantage

Let us worry about what it takes to make the property profitable, it’s what we do best. Here at Seller’s Advantage, we make the process fast and easy for sellers so you can focus on everything else in your life instead. Contact us online to schedule a no-obligation appraisal inspection. Once we have inspected the property, we’ll extend a cash offer for your home and close the sale quickly. You don’t have to invest thousands to sell your property across California from LA to San Diego to the San Francisco Bay Area, you can cash out for its value today and skip the entire housing market hassle.

 

 

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Selling Los Angeles Hoarder Houses From Inheritance

sell my house fast Los Angeles california (LA)Have you recently inherited a house in LA that has become a hoard? Clearing all that stuff, sorting for heirlooms, and selling the house may seem like an impossible ordeal right now, but you have options. Inheriting a hoarder house is more common than you might realize and there are services to ensure you don’t have to face this problem alone. There are several approaches to sorting, cleaning, and selling a hoarder house depending on how much time you can or want to spend on the project.

Losing a loved one means you are facing bereavement on top of the property concerns. Chances are that you don’t want to deal with inheriting a house with a hoard right now. Recovering a hoarder house requires an incredible amount of time and energy. Facing the chaos creates a type of stress that can be hard to shake. For those who have recently lost a loved one, the emotional and physical toll can be just too much. This is especially true if you are selling a hoarder house when you live far away.

Don’t live in LA? Don’t have the energy to clean a hoarder-packed home right now? That’s okay you can still sell my house fast Los Angeles.

SELLING A HOARDER HOUSE

sell hoarder homes in Los AnglesSelling a home that has been hoarded in can be difficult. Hoarders, by definition, stack up so much stuff that they can’t clean the floor or take care of maintenance. This means hoarder homes often have long-term undetected or never-repaired damage. Even once you get the rooms clear of the hoarder piles, there’s likely still thousands of dollars of repairs hidden underneath. Moldy carpets, cracked walls, and ground-in dirt are only the beginning. Hoarder homes also tend to be behind on roof, HVAC, and water heater replacement as these elements wear out over time.

This can make selling a hoarder house challenging, even once cleaned. Be prepared for a lot of repairs and touch-ups to get move-in-ready for the real estate market. Or you can sell it as-is to a buyer that doesn’t need it to be move-in-ready or to compete with other local homes on the market.

SELLING INHERITED HOMES FROM OUT OF STATE

The other challenge for inherited homes in LA is how often the new owner doesn’t live in LA. If you live far away or even just a few hours, you might just have no time to deal with the house. In this case, you may need to hire professionals or sell the house as-is to handle the process for you.  Unfortunately, concierge real estate agents are less likely to take on a hoarder property.

YOUR OPTIONS FOR CLEARING OUT A HOARDER-PACKED HOUSE

  • Sort It Yourself
  • Hire Profesional Cleaners
  • Hire a Dumpster and Work Crew
  • Sell the Entire House As-Is

SORT IT YOURSELF

When facing a hoarder house, you have four practical options to get it clean. The first is to spend every weekend for the next few months wading through the piles and cleaning it yourself. Sorting out valuable items and disposing of rotted waste will both be part of your job. You will likely need help, as some jobs take two or more people to extract piles or furniture safely.

Be sure to go in with thorough safety gear. Wear gloves, cover your face to block fumes, and cover your hair to protect it. Wear long sleeves, jeans, and close-toed shoes. Hoarder piles can be dangerous or toxic.

PROFESSIONAL CLEANERS FOR A HOARDER HOUSE

Professional cleaners sometimes have to deal with hoarder homes. Selectively, some teams will know what to do. These cleaners will be inclined to throw out everything but furniture and the least damaged items. Their goal will ultimately be to get the walls and carpets clean with little professional training in dealing with hoarded personal items.

Remember, there’s only so much that cleaners can do. If the floor is rotted through, for example, there’s no getting it sparkling clean.

RENT A DUMPSTER

If you’ve watched the show Hoarders, a dumpster is often part of a full-scale cleanup project. If the inside of the house has become toxic, this may be your best option for getting it clean. If there is little to salvage and a lot to throw away, you may find yourself shoveling fused-together hoarder piles into a dumpster just to get the house clear.

selling a home AS-IS in California

selling a home AS-IS in California

SELLING THE HOUSE AS-IS

Selling As-Is means you don’t have to get your inherited LA house move-in ready. You don’t need clean floors and freshly painted walls. In fact, for some as-is buyers, you don’t even need to clear all the stuff. As-is buyers are home flippers, renovators, and large property companies that know how to rehab a property – even a hoarder house.

SELLING AN INHERITED HOARDER HOUSE TO REHAB BUYERS

A rehab buyer is a real estate company that specializes in damaged homes. All homes get shabby over time, and some see more wear than others. Eventually, homes become too damaged to quickly turn over to a new family. This is when they need rehab beyond what a normal homeowner (inherited or the original buyer) can handle. If you have a rehab property in poor condition, like an inherited hoarder house, and you’re not personally a home rehabber, it may be time to sell as-is to a pro rehab team.

Here at Seller’s Advantage we are proud rehab buyers, bringing shabby properties back into the fold as quality homes for local families. No matter what state the house is in to start with.

Los Angeles Cash Home BuyersBUYING THE HOARD: EVERYTHING BUT YOUR HEIRLOOMS

Selling to an as-is buyer, you can take your time to extract any special possessions from the hoard. We know that inherited homes are still the homes of beloved relatives. Their personal items are still precious. You may remember special furniture, your loved one’s favorite jewelry, and family heirloom furniture embedded in the hoard. Take your time. Extract and/or put into storage everything of meaning to you before selling the house.

Other than your special selections, however, we will buy the whole house. Hoard and all. Let us worry about how to clear out and what to donate or trash.

SELLING THE HOUSE FROM A DISTANCE

Don’t live in LA? No problem. You don’t have to be present to receive a bid and close the sale. After one walk-through inspection, the Seller’s Advantage team can make you an offer and will buy the house in any condition even if you are not physically present. This could take one weekend of your time or no time at all if you can’t make it out.

SEVEN DAYS TO SELL AN INHERITED HOUSE

If you’re worried about the time it takes to sell, we understand. A vacant home can grow in cost and accumulate maintenance problems. The longer it takes to sell, the more trouble it becomes. That is why Sellers Advantage can offer and close within seven days.  No more worrying or waiting for buyers, you can close the deal and the entire inherited house business.

To get a quote from Seller’s Advantage for your inherited LA house, fill out the contact us form or give us a call at 949-506-3973. Schedule a no-contact appraisal and inspection and we’ll make a fair offer for the property within days. If our service is what you need for an inherited and/or hoarder house to sell, contact us soon! We look forward to working with you and to rehabbing each local property.

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How to Sell a Los Angeles House that is In a Trust

cash home buyers in Los AngelesA trust is a financial structure that can on assets separate from individual ownership. Assets are placed inside the trust and at least one Trustee is named to manage the trust assets aptly. The Trustee has a duty to serve in the trust’s interests and fulfill any conditions defined when the trust was formed. The trust beneficiaries are those paid or benefited by the trust assets. One common example is an inheritance trust in which wealthy parents leave a trusted friend or financial advisor as the Trustee of a trust designed to pay their children an income or dispense specific inherited assets without the hassle of probate.

It is very common to place homes and properties inside the trust for a number of reasons. Properties in a trust can be handled in a more business-like manner and they also avoid the management delay of probate should the homeowner pass away. Of course, under California law, selling a home inside a trust can be a challenging situation. It helps to understand how the trustee/beneficiary control of trust property works along with how to sell a trust home for the benefit of the overall trust assets or for the beneficiaries themselves.

 

TRUSTEES SELLING A HOUSE IN THE TRUST

When a house is inside a trust, the most likely person to sell is the trustee. Trustees are often charged with maintaining the trust assets and growing the value of the trust. The trustee has the discretion to sell a house fast inside the trust as long as it is not a specific gift to a beneficiary or disadvantageous to the trust itself.

 

THE FREEDOM TO SELL

If you are the trustee of a trust that includes residential property, you can usually choose to sell it to benefit the trust. This can include a specific house or a collection of residential investment properties. Be sure to check the terms of your trust, intended specific gifts, and weigh the choice to sell on the benefit to the trust assets as a whole.

 

OBLIGATION TO THE TRUST

Trustees have freedom to act with trust assets, but only within their obligation to the trust and the trust beneficiaries as they are intended to be benefitted.

 

sell house as is for cashTRUST BENEFICIARIES SELLING A HOUSE FROM THE TRUST

Trust beneficiaries rarely have full control over trust assets, as many trusts are designed to separate the controlling trustee and beneficiary roles. This is both to protect trust assets with a neutral managing party and to ensure that beneficiaries are not saddled with the burden of trust management -especially if beneficiaries are minors when the trust is formed.

However, if you are a beneficiary and receive a home as a specific gift, then you can choose to sell the property out of the trust assets.

 

GIFTED HOUSE FROM A TRUST

A house in the trust assets usually serves as value that is then provided in a structured way to the beneficiary. But you can also receive the house as a specific gift from the trust or trust originating documents.  When a home is given as a specific gift, the trustee must transfer the title and the beneficiary becomes the legal owner. Even if the house is still officially inside the trust, beneficiaries can then make arrangements to sell the property as they see fit.

 

WHEN TO SELL A HOUSE IN A TRUST

So when can and should you sell a Los Angeles house that is inside a trust? It’s all about the circumstances that are best for you, as a beneficiary, or for the trust if you are a trustee.

 

TO BENEFIT THE TRUST

Trustees can sell trust property like homes to benefit the overall assets of the trust. For example, if the home’s value has increased and selling it would increase the overall value of the trust assets, this can be considered a trust-beneficial home sale.

 

TO PAY THE TRUST DEBTS

Like a person, a trust can accumulate debts as a separate asset-holder. If this happens, selling a trust-owned house can be seen to benefit the trust and pay the trust debts. Likewise, even a home that has been given as a specific gift may be sold if it is the only available asset to pay estate or trust debts.

 

TO DROP UNPROFITABLE PROPERTY

Not all homes are profitable to own. Regional economic downturns or high maintenance costs can make a house unprofitable for both the trust and any specific beneficiary.

 

WHEN YOU LIVE TOO FAR AWAY

Sometimes, selling a house out of its trust is a practical logistical decision. Both beneficiaries and trustees may choose to sell a trust house under the right circumstances if distance stops them from maintaining the home for profitable benefit.

 

WAYS TO SELL A HOUSE IN A TRUST

Now that we’ve covered the complex who, why, and when of selling a house inside a California trust, let’s talk about your options. If you are a trustee in an approved home selling situation or a beneficiary specifically gifted a house inside the trust, you can choose to sell using the usual available avenues. Of course, it will help to have a knowledgeable team to assist the property ownership transition from the trust to the new buyers.

 

REAL ESTATE MARKET

You can choose to sell your trust home in the mainstream real estate market. For homes that are in great condition and already move-in-ready, this can be a good choice. You will, of course, need to also jump through the usual hoops to prepare the home for market, work with real estate agents, attract buyers, negotiate, and then navigate closing.

 

Los Angeles Cash Home BuyersHOME REHAB BUSINESS

The real estate industry only works for homes that are ready for it. If the property is shabby, needs serious repairs, or if you need to sell quickly without delays, then the typical agent-buyer process may not be right for you. The alternative is to sell to a professional home rehab team like Sellers Advantage. After one no-obligation appraisal, we’ll make a cash offer that you can close in just a few days from accepting our bid. Because we are professional rehabbers, we specialize in taking all the concerns of home-selling off your hands.

 

If you have inherited a trust home and are far away or don’t have the time to sell, we’ll take care of the hassle. If you need to sell a trust-owned home quickly for the sake of the trust, we’ll get you the cash value and take a costly property off the trust asset list.

 

PROFESSIONALS WHO CAN HANDLE  A TRUST PURCHASE

Last but not least, be sure to work with professionals who have experience with trust properties. Because a trust is owned through a financial structure, it requires a few extra steps to transfer trust-owned property cleanly. Professionals with these skills include estate lawyers, financial managers, real estate businesses and some real estate agents.

 

SELLER’S ADVANTAGE FOR LOS ANGELES TRUST HOMES

Do you need to sell a Los Angeles house fast that is inside a trust? We can help. The Seller’s Advantage team has worked with all types of home buyers, many of them trustees and trust beneficiaries. Whatever your situation, we can make a cash offer and help you quickly close the necessary paperwork. Contact us form or give us a call at 949-506-3973 to schedule a no-obligation appraisal for your property.

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How Do I Sell My (LA) Los Angeles Rental Property Quickly

sell my bad rental propertyOwning a Los Angeles investment property should be a rewarding experience and a profitable asset – but what if it’s not? There are many reasons why you might want to drop an investment home as soon as your last set of tenants is gone.

When that happens, you don’t have to jump through the hoops of the traditional housing market. You don’t have to repair, upgrade, renovate, repaint and stage the house. You don’t necessarily need to advertise for buyers, wait for bids, negotiate, and close. You don’t even need to worry about closing costs and paying real estate agent commissions. When you want to get a rental home off your hands fast, you have options.

TENANTS ARE LEAVING: THE RIGHT TIME TO SELL

LA rental homes are managed through leases, which are legally binding for both tenants and landlords. The lease guarantees a home to the tenants for the duration – usually a year – and the home can’t be decommissioned as a rental property during that time. So the best time to sell an investment home is at the end of a tenant’s lease. You can let your tenants know that lease renewal is not available or you can take advantage of a tenant’s plans to move out to time your escape from investment home ownership.

The good news is that you can start making plans as the end of the last lease approaches. Often, you can arrange for potential buyers to begin investigating the house the day after your tenants complete their move-out.  With the right buyer, the house could be off your hands in days, not months, after your tenants depart.  All you need are the right buyers with the resources to buy quickly.

SELLING YOUR RENTAL HOUSE TO A FLIPPING BUSINESS

Home ‘Flipping’ is the business practice of buying shabby houses and reselling them once improvements are made. This brings homes in poor condition or even trashed homes back into the fold of move-in-ready homes on the traditional real estate market. Individuals can flip one house at a time, while companies like Seller’s Advantage can buy and rehab homes on a much larger scale.

If you need to sell a Los Angeles home fast that is not in pristine condition, or to sell a home in days rather than months, then selling to a home flipping business is often your best choice. Here at Seller’s Advantage, we take the effort of polishing a home for move-in-ready sale off your hands. Selling a home on the real estate market requires repairs and buyer negotiations. If you need to sell for the home’s current value fast, then you can leave the rest in the hands of professional property-flippers like us and walk away with the cash.

Call Seller’s Advantage to schedule a no-obligation inspection and appraisal. We’ll give you a quote and you can have cash-in-hand in just a few days if you accept the offer.

REASONS TO DROP AN INVESTMENT PROPERTY

Sometimes, it’s a personal choice. Often, it’s a practical business decision. For those highly motivated to drop a property, there may have been a recent bad experience that has soured your enthusiasm on renting to tenants or renting that particular property.

Here are some of the most common reasons why a homeowner might want to quickly sell an investment property:

INHERITED A RENTAL HOME THAT YOU DON’T WANT

Many people retire with a few rental home properties as maintenance income. When those no mortgage homes are inherited by relatives, the heirs may not be as interested in landlord responsibilities and expenses. The investment home might be too far away or you might not be prepared to take on the landlord role. You may even have tried and disliked the business before. If you have inherited a rental home, you can have buyers ready before probate has fully released the property.

LOCAL MARKET IS NO LONGER PROFITABLE

Investment properties should be managed in areas that generate a profit – balanced by the home maintenance costs. This involves many factors including local rent averages, by-neighborhood rent, and the local economy surrounding each rental home. If you have a property that is no longer profitable to maintain and continue renting, then a quick sale may be the perfect solution.

READY TO RETIRE FROM BEING A LANDLORD

Being a Landlord can be quite involved, and good landlords often treat investment ownership like a full-time job. So when you’re ready to kick back and enjoy your post-career lifestyle, you may also be ready to step down from the landlord role and pass the baton to someone else who will provide affordable housing to local families. If you don’t want to worry about the hassle of home prep for real estate market sale, then you can find a business buyer like Seller’s Advantage for a quick and easy offloading experience.

HOUSE IS TRASHED BY PREVIOUS TENANTS

It’s an unfortunate but common occurrence that rental homes are badly damaged  and occasionally wrecked by the last set of tenants. When the deposit doesn’t even start to cover the damage, it may be more cost-effective to simply drop the property for whatever it will sell for. The real estate market was not built to sell trashed homes, but there are teams like ours that have the resources and know-how to rehab a house even after it’s been wrecked by disrespectful tenants.

RENTERS COULDN’T PAY RENT AFTER COVID

Investment home profitability may have been impacted very recently by the COVID impact on tenant finances. If your rental property is suddenly costing you money because renters can’t pay, you may need to make some emergency financial decisions. One of those options is to quickly sell the house as soon as your tenants are moved out to recoup the value and stop further maintenance-cost losses.

HOME NEEDS MAJOR UPGRADES YOU CAN’T AFFORD

Rental homes also accrue cost over time. Ever few years, you’ll need to install or upgrade something major like replacing the water heater or reinstalling the roof. If the rental revenue has not been enough to cover these expenses, it may be time to drop the property. Of course, the real estate market is a poor place to sell a house with maintenance needs, but there are speedy buyers like Seller’s Advantage who can take on a shabby house without concern.

COVID HAS CHANGED YOUR PLANS

Last but certainly not least, the pandemic may have changed your personal plans. Many people are pulling back their investment ventures, focusing on business closer to home, or changing their career plans entirely in response to pandemic conditions. This is something we completely understand and are here to help with.

sell house as is for cashDO YOU NEED TO SELL A RENTAL INVESTMENT HOME RIGHT NOW?

Rental homes are not always as profitable as we planned. If the home is damaged, needs serious maintenance, or if the economy just can’t provide the rental revenue you need for upkeep then it’s time to drop the property. You might be getting rid of one property or dropping out of the landlord business entirely. No matter your personal plans, what you need is a quick cash solution instead of the usual real estate hoops to jump through.  Sell your California house as is in any condition to Seller’s Advantage.

If this sounds like your situation, Seller’s Advantage is here to help. Contact us form or give us a call at 949-506-3973.  Schedule a no-obligation home inspection and appraisal, then accept our cash offer to close within days.

No matter your reasons, we’ll help you move a rental house off your hands so you can move on with your personal life, business, and financial plans without the burden of an unwanted property.

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Are You Fed Up with Los Angeles (LA) California and Just Want to Move Away?

Are You Fed Up with California or LA and Just Want to Move Away? How to Sell Your House Fast

For those living elsewhere, LA seems like a glittering dream. Moving to California is often considered the first step to following a career in music, movies, and productions of all types. Of course, for those who grew up in California or for those that have already found the reality of LA rarely share the same enthusiasm. California is fast-paced and demanding place to live. The traffic laws, labor laws, and taxes are all considered strict compared to the rest of the nation. And with COVID shutting down swaths of productions, many people are suddenly realizing that California is not the hottest place to be right now. In fact, you might want to cut and run altogether.

 

sell my house fast Los Angeles california (LA)

FED UP WITH CALIFORNIA? TIME FOR AN EXIT STRATEGY

This is a sentiment we’ve seen more than a few times, and naturally we understand. LA is only the right place to be when conditions are perfect, and your career is moving forward. With shows and other industries on indefinite hiatus and constantly changing lockdown status, it may be time to get out of the city. Maybe even all the way out of the state.

Whether you’re moving for a better job or just because you’re fed up with being in California, your exit strategy doesn’t have to slow you down. Even if you own a home in California, you can still make plans to get out quickly with the right business partnerships to take care of the details. You can sell your home fast in Los Angeles and anywhere in California.

SELLING YOUR CALIFORNIA HOUSE TO GET OUT FAST

When you’re ready to leave a place, sometimes you’re ready to go -Right Now- and waiting just won’t do. Maybe you absolutely must move for a new job. Maybe you can’t take another 6-months with a noisy neighbor or intolerable commute. You could throw your stuff into the car and drive somewhere new, but home ownership can hold you back.

The process of selling a home is involved and can take months – sometimes more than a year. You don’t want to wait that long, but you also want a decent price for the house to help you start again somewhere new. You’ll need to sell the house quickly to achieve your escape on time. While you could try to rush a real estate agent, there’s a better way. Direct selling is a friendly option for any homeowner in a hurry to drop a residential property for cash.

SELL DIRECTLY TO SKIP THE HOUSING MARKET HASSLE

Direct selling a home is different from listing it on the housing market. On the housing market, you need to repair and perform maintenance. You’ll need fresh paint and deep-cleaned carpets. Then you need online listings to entice buyers, then wait for buyer bids, arrange escrow, then conduct negotiations. Then close the contract, exchange funds, and finally hand over the keys.

With a direct sale to a team like Seller’s Advantage, the house is appraised, an offer is made, and you could be trading the title for cash within a week of first contacting your direct home buyer. Direct buyers are usually larger companies that specialize in quickly buying homes – often not yet ‘move-in’ ready. This saves you worlds of trouble and hassle compared to listing on the housing market. No need to clean extra deep or repaint, we’ll do whatever needs doing after the purchase. No need to stage to inspire buyer imaginations, we know how to see the value and potential in every home after a quick tour.  No need to conduct negotiations, you can accept the cash offer or decide to try another option.

When it comes to cutting the delay and hurdles out of the home selling process, selling to a cash buyer is the way to go.

HOUSE IS DAMAGED OR NEEDS MAINTENANCE? NO PROBLEM!

What about if your California house needs some real maintenance before it’s market ready? What if the basement has water damage or the house needs re-roofing? No problem. As a direct buyer for California homes, we at Seller’s Advantage are no strangers to maintenance issues.

In fact, we take pride in turning ‘as-is’ houses into polished homes that a family would be proud to live in. So, if your California house needs work, don’t worry about investing your time or your own funds into repairs. We’ll buy the home as-is with consideration for any existing damage or serious maintenance concerns.

SELLING AN INHERITED CALIFORNIA HOME

You can also quickly sell a house that you inherited. Home inheritance is not always as nice as it sounds. If you have no interest in living in California or becoming a homeowner in Los Angeles, than the home likely isn’t your dream property. Turn that inherited house into an asset by allowing the pros to take over. Collect the keepsakes and belongings and we’ll do the rest after paying you cash for the property.

 

CALIFORNIA HOME SELLING WHEN YOU’RE OUT-OF-STATE

Direct home selling in California is also a good solution when you’re out-of-state. Whether you’ve already made your escape from LA and are living comfortably in a new place or you’re selling a property you’ve never lived in – you don’t have to be present to directly sell a house. As a house-buying company, Seller’s Advantage doesn’t need real estate agent guidance or seller hand-holding to appraise your property. You don’t have to fly out and give us a live tour. You don’t have to personally hand over the keys. We’re here to clean up unwanted properties and to help homeowners who can’t make it personally to conduct the sale.

YOU SET THE SCHEDULE, WE BUY YOUR HOUSE

You can also set your own schedule when it comes to selling the house. If you need the cash by a specific date, we can conduct the home sale fast. If you need to hold onto the house until your new residence is ready, we can wait until the best time for you to make the sale. Because we’re not personal buyers, we are glad to cater to you – the seller client. If you have scheduling needs regarding exactly when you sell your California property, we can meet you whenever is most convenient.

 

QUICKLY ACQUIRE FUNDS FOR A NEW DOWN PAYMENT OR INTERIM HOUSING

Finally, selling your California house to a direct buyer means that you can also quickly acquire a down payment for your next home. If you’re buying a house in another state or down the road, we know that the down payment often comes from the proceeds of the previous home sale. Let us get that sale out-of-the-way without all of the hassles and time delays that come with selling with a real estate agent. You can know the exact date when you will receive your cash proceeds and the date you can take ownership of your new house far away from the stressful LA traffic.

 

If your fed up with LA or California and want to just move away, consider asking Seller’s advantage for a cash offer to buy your house right now. Fill out the Contact us form or give us a call at 949-506-3973 to schedule a no-obligation home inspection and appraisal with Seller’s Advantage. If you choose to accept our cash offer, we can close and purchase your home in just a few days.

 

 

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How to Quickly Sell an Inherited Los Angeles House with No Mortgage

How to Quickly Sell an Inherited Los Angeles House with No Mortgage 

sell your home fast for cashThe real estate industry is complex and extremely social. The process of buying or selling a house involves dozens of meetings for inspectors, repairs, painting, staging, not to mention meeting a slow parade of buyers. For most sellers, this is a rewarding experience that mirrors the careful decision-making of the buyer. But not every home sale can occur at a leisurely pace.

Many sellers don’t have the time or availability to prepare their house for sale. In some situations, you may not have planned to own the house in the first place. This most often occurs when a home is inherited by someone too busy or distant to handle the home sale by themselves. The goal becomes to sell the house for profit before the property can take deteriates from renters or vacancy. If this sounds like your situation, we’re here to tell you that there are solutions. Inheriting a Los Angeles house doesn’t have to mean tackling the Los Angeles real estate scene.

Let’s explore a few of your options to quickly profit from selling a mortgage-free inherited Los Angeles home.

 

AVOID LEAVING THE HOME VACANT FOR TOO LONG

The first and biggest concern for most house inheritors is vacancy. Homes are not meant to be left empty, especially a recently lived-in home. There are many reasons to avoid leaving a home unlived in for too long.

  • Removing pets, food, and house plants
  • Maintaining temperature and humidity
  • Cost of property tax and utilities
  • Risk of squatters or vandals
  • Water and gas leaks

A vacant home is a ticking time bomb of slowly increasing cost and risk. The longer a home is not lived in, the more likely maintenance problems will arise or vandals will be attracted to the unmonitored property. The longer you own the home, the more utilities and property tax will need to be paid.

 

MOVE PERSONAL BELONGINGS TO PERSONAL STORAGE

sell house as is for cashThe first step when you inherit a home is to address the personal belongings inside. Handling the estate may have bequeathed specific items and furniture, but many of your loved one’s items of daily life have yet to be addressed. You may not have the time or even live close enough to the house to sort it all efficiently, but your loved ones personal items still deserve sorting and respect for when you have the time.

Personal storage is the smart answer and the best way to get started when selling an inherited house without a mortgage. A moving service can help you to respectfully pack up everything and even clean out perishables in the kitchen when you can’t make it into town.

 

DON’T SPEND ON A CONCIERGE BROKERAGE SELLING SERVICE

Now how do you sell the house quickly, before the time the house is vacant becomes too long or costly? One option is to hire a brokerage to find you an individual buyer. It takes a serious investment to prepare any lived-in home for sale. The term Move-in-Ready will be thrown around, which means repairs, maintenance, fresh paint, and staging each come with their own cost and time consumption. If you have copious funds to invest in selling the house hands-off, there are services that can take care of the process. They will likely still ask you to approve the various expenses, viewings, open houses, buyer bids, negotiations, contingencies, and finally the settled price. When that’s over, the agent, broker, and closing fees will come out of the house profits.

This is an industry option, but if your interest is speed or cost-efficiency, it’s not necessarily the best option. Just the best way to automate a typical home sale. Fortunately, you don’t have to conform to a typical house sale to get the home’s value quickly and ensure the house isn’t vacant too long.

 

SELL THE HOME AS-IS

Your other option is to sell the house as-is. Preparing a house to become move-in ready takes repairs and touch-ups. Sometimes new floor or paneling is needed before the house is ready. Selling the house as-is means you can skip all of that. The best part is that selling your house marked “as-is” is a flag for buyers who don’t care about a move-in-ready property. It’s an honest and practical way to sell a home that doesn’t require you to pour cash into preparing it to be pretty.

In fact, there are several types of buyers that are eager to find as-is homes on the market even when its slow. Home flippers and eager young couples who want to fix up their first starter home are among the more well-known buyers of as-is homes, but there are also large-scale investment buyers who can always be counted on to pick up an as-is home when sellers need a reliable and expedient sale.

 

AIM TO SELL FOR CASH

Normally, sellers are paid through a complex system of escrow accounts and the bank paying out the buyer’s loan. Then there’s paying your real estate agent, the buyer’s agent, your brokerage, your lawyers, the title office, and all the other  closing costs. There’s a simpler option here, as well. When selling as-is, you’re more likely to find a buyer who can buy directly with cash. This means money in your hands with much less banking hassle. If selling without real estate agents, you don’t even have to worry about a large portion of the closing cost hassle.

 

FIND AN INVESTMENT BUYER FOR AS-IS HOMES

Los Angeles Cash Home BuyersLast but certainly not least is the expedience of an investment buyer. Individual buyers take real estate agents to handle the transaction, but investment buyers often have the entire process ready to make it easy for you. We know how this works because here at Seller’s Advantage, we streamline the buying process. You don’t need an agent to get a free assessment and bid for a cash-sale of your inherited house. You also don’t need to worry about repairs or a staging the house – we know how to see a home’s potential beyond shabby carpet and old appliances.

Selling as-is to an investment buyer like Seller’s Advantage is the best way to prevent vacancy damage to the home, avoid accruing homeowner costs, and obtaining a fair cash payment for the property.

Inheriting a home free and clear doesn’t have to result in a debacle to clean, prepare, and sell the house. Let us take care of the process turning your relative’s home back into a warm abode for modern families. We’ll pay you cash so you can stop worrying about the property and mourn your loved one without lingering concernsContact us today to talk about selling your Los Angeles house without a mortgage.

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Sell Your Los Angeles Home to Cash Home Buyers

Cash Home Buyers in Los Angeles California will Buy your house fast

cash home buyers in Los AngelesFrom personal relationships, retirement, work-related issues to physical surroundings, there are limitless reasons for selling your home, and doing it fast. You are probably getting a divorce, or you want to move to your dream house. Maybe you are experiencing deferred maintenance issues, or you got a permanent job in a different state, and you have to move as soon as now.

What does not seem like a fit home for you is someone else’s dream home. Nonetheless, the real estate market is currently unreliable, especially amid the pandemic. Many desperate people have had their homes listed for sale for months without getting any bidding.

How do I sell my house fast in Los Angeles slow market? The secret is to sell your home for cash to an investor. Contrary to the common belief that involving real estate agents when selling or buying a home is the safest and fastest method, it is never a reliable choice when you want to sell your house fast in Los Angeles during slow market time.

Benefits of Selling Your House for Cash

Selling your house fast for cash comes with lots of benefits. It has become many people’s go-to option and if you are skeptical about the idea, check out our blog for the many benefits to expect, which include.

Get Your House Sold Fast

Whatever the reason for selling your home, doing it through cash buyers guarantees you a fast sale. The buyers are committed to helping sellers that need urgent cash, and the best part is that you do not need to clean, repair or renovate the house to attract buyers as you would if you had to list on realtor listing pages. The cash buyers buy the home as it is, pay in cash as soon as you agree, and immediately close the deal. There is nothing like waiting or closing period. A week is enough to complete the entire process and hand over the house to the new owners.

No Repairs Needed

Real Estate investor may not be an agent or RealtorInvestors who buy houses for cash understand that you are probably working under money and time constraints. They aim to make things easier for you and will not burden you with repair and maintenance. Cleaning and renovation are among the most time-consuming tasks when listing your house with realtors. You must keep the house in its best state to attract fast buyers amid other listed homes, but this is not the case with cash buyers. They buy the house as it is and handle the repairs themselves. Upon contacting them, they will get back to you within 24 hours. You can then agree on the most convenient time for them to come and view your home. You will discuss the value, and once you agree on the offer, they hand over the cash, and you hand over the key. No hassles, no money spent to convince them that your house is the best choice.

You Do Not Have to Be Present to Close the Deal

All it takes to sell your home to an investor is a phone call. You do not necessarily need to be present to close the deal. If you are out of state, the cash buyers can take care of everything, and you will receive your money as agreed. You can chat over the phone to give them the necessary information about your house and why you think it deserves a certain amount. The buyers will then head to the house, check the neighborhood background, assess the property value, and get back to you.  All these take place within 24 hours. If you are impressed with the offer, they can move forward with the documents’ preparation, and the sale can be closed within seven days.

No Agent Fee

Again, the buyers understand that you might be selling your home because of urgent cash needs. They will not stress you more with agent fees or ask you to commit to a six months contract. There are no unexpected expenses or commissions to start the sale process as the goal is to help you through difficult times.

Little to No Risk

The investors pay for the as-is property in cash, which minimizes the uncertainties that come with the mortgage application. Most people have suffered in the hands of lenders after promises or approved for a loan only for the lender to change their minds later due to the borrower’s creditworthiness. Before signing the property sale agreement, the investor should show proof of funds, whether in cash or check. This assures you that you will have your money as soon as you hand over the home to the new owners.

No More Hoping and Waiting, Sell it Now

Perhaps you are amid a bank foreclosure. You have tried listing your home for sale, but months later, there are still no bids. You are on the verge of losing your home without a penny to take with you. Note that when the bank forecloses on your property, you stand to lose lots of money that you had invested in it. Cash buyers come in to save you from such situations, and you can stop hoping and waiting for someone to gain interest in your house. You can close the deal fast before the bank closes your home and pay whatever you own the lenders while keeping the rest of the cash.

Take Away

Selling a home can take a lot of time and money that you may not have. Your primary goal may be to receive fast cash to relocate to your new home or avoid foreclosure. Selling your home to cash buyers or investors is the easiest way to go. However, as much as you badly need to sell your house, you should not let the pressure push you to make a hasty decision. Take your time to find trustworthy and reliable buyers for a fast and seamless sale process.

If your Los Angeles housing market is slow and no one is bidding on your home, consider asking Seller’s Advantage for a cash offer to buy your house right now. Fill out the contact us form or give us a call at 949-506-3976, schedule a no-obligation home inspection and appraisal with us, accept our cash offer, and close within days.

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How to Sell a Los Angeles House Fast in a Slow Market

sell my house los angeles caLos Angeles County’s real estate market can be volatile. What was once a thriving market a few months ago can turn lethargic overnight. Los Angeles’ current housing market is in unforeseen territory right now. That’s thanks to the response to a global pandemic, depleted job market, and an upcoming election season. California’s unemployment rate is at a staggering 15%. The stay-at-home orders in July essentially froze the housing market and concerns over COVID-19 are still looming large. Some would-be home buyers are taking the “wait and see” approach, choosing to wait until next year (or even longer) to make a move on buying a new home. No one is sure is the housing market is going to boom or experience a big crash.

That’s leaving a lot of sellers in crisis. Many sellers need to sell their Los Angeles homes as quickly as possible, but if there are no buyers, that means their property could be sitting on the market for months (or longer!). Meanwhile, the property continues to drain their bank account and put a strain on their finances. They are desperate to find a way to sell their home fast, but what can they do?

Seller’s Advantage has some suggestions for speeding up the sales process. We also have the secret for selling your Los Angeles property today.

ARE YOU STUCK WITH A PROPERTY YOU NO LONGER WANT AND NO ONE WANTS TO BUY?

Just because buyers are choosing to wait to buy doesn’t always mean you can choose to wait to sell. People who need to sell their home now have a valid reason to do so. That might include:

  • Going through a divorce and need to split the assets in the home (probate)
  • Moving for a job offer and need to free up the cash in your home
  • Inheriting a house that you can’t afford to fix up or keep

Whatever the reasons, if you need your Los Angeles property to sell quickly, it can be stressful waiting for a slow market to bring a buyer to your door. If you want to bring in more potential buyers, you’ll have to make sacrifices to get an offer.

WHAT YOU NEED TO DO TO SELL A PROPERTY QUICKLY IN LOS ANGELES

If you are really motivated to sell, there are some things you can do to increase your chances of getting an offer. One thing to keep in mind, though, is that even once you have an offer, it takes about 30 to 40 days to close. That’s if everything goes smoothly, too. A lot of initial offers will fall through when it comes to financing. However, if you do these things, it may help you find a buyer faster.

PRICE IT UNDER MARKET VALUE

Lower prices will bring in more offers. If you price it too low, though, you may end up scaring potential buyers who are wary that the price is too good to be true. They might not want to put in an offer on a house they assume is falling apart, even if it’s actually in great condition.

DO ALL NECESSARY (AND SOME OPTIONAL) REPAIRS

People love buying homes that they can personalize but that doesn’t need any major repairs. You can invest your money and time into getting all those jobs done, including a few that aren’t really needed. Things like a new roof, new water heater, and new appliances can be a big draw to potential buyers. Unfortunately, they will be a big drain on your bank account first.

THROW IN LOTS OF EXTRAS

Buyers are more likely to show interest when they feel like they are getting lots of value for their money. That might be a carpeting allowance or including the patio furniture in the deal. If they ask for it, give it to them if you can. Do what you can to make it a good deal for them, but be aware it could mean more money out of your pocket.

The problem with all of these suggestions is you could end up investing a lot of your own money before you can complete the sale of a property. How much you lose will depend on how much you are willing to spend and how long you want to wait.

These aren’t your only option for selling a house fast in Los Angeles, though. A lot of sellers are finding that the quickest way of selling their home is also the most convenient. That’s working with Seller’s Advantage.

THE QUICKEST WAY TO SELL YOUR LOS ANGELES HOME OR RENTAL PROPERTY

SKIP THE TIME, MONEY, AND HASSLE AND SELL TO A CASH BUYER

If you aren’t getting an offer on your home, consider getting a quote from a cash buyer. This is the fastest, easiest way to sell your home, even in an uncertain market. Here is why it works:

YOU DON’T NEED TO DO ANY REPAIRS.

Cash buyers will buy your property as-is and do the repair work themselves. That can save you thousands of dollars in material and labor costs as well as shave months of time off of your sale.

THEY CAN MAKE YOU A CASH OFFER THE SAME DAY.

Cash buyers are investors with money in the bank ready to buy your property. So after an initial assessment on the property, they can make you an offer online right away. There is no need to wait for a qualified buyer to show up.

IT’S GREAT FOR OUT-OF-STATE SELLERS, TOO.

If you own a property in Los Angeles that you need to get rid of fast, a qualified cash buyer can close on the property without you needing to travel. That cuts down on your personal expenses and can save you money.

READY TO SELL YOUR LOS ANGELES HOME TODAY?

Seller’s Advantage can make a cash offer on your home right now. There is no need to sit around and hope for an offer on your home or rental property any longer. Instead, you can sell your home fast and get the money you need from it sooner. The process of selling your home fast in Los Angeles has never been easier. Here is how you can do it in three easy steps:

  1. Fill out the online form or call Seller’s Advantage at 949-506-3973
  2. Schedule a no-obligation home inspection and appraisal with our team
  3. Accept the cash offer and close within a matter of days

 

Don’t wait for months to get an offer and more time hoping for it to go through. Working with Seller’s Advantage means you skip the financing process and move right to the sale. It also means you are working with a trustworthy and reputable company. We have experience in buying properties from Los Angeles homeowners and doing it fast.

 

Ready to sell your Los Angeles property today? Get your free, no-obligation cash offer from the Seller’s Advantage team today.

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The Big Benefits of Selling Your House Today to Cash Investors

According to Zillow, it takes between 65 and 93 days to sell a home in the United States. Some homes can take much, much longer, especially if they aren’t in desirable neighborhoods or in perfect condition. Factors like lack of curb appeal, damage from tenants, or needing upgrades and repairs can all slow down a sale. You can take time to address those concerns, investing your time and money into the property in the hopes that your hard work will pay off. But sometimes you don’t have the time, money, or skills required to fix up a home for the market. Sometimes you just need to sell a property in California, like Los Angeles fast. Waiting months for the property to sell just isn’t an option.

Maybe you need access to the cash, need to get out from under an investment property, or just don’t want to wait for the “right” buyer to make you an offer. If that’s the case, selling your house today to investors can speed up the process and help you get rid of an unwanted property in as little as two weeks.

Why You Should Consider Selling Your Property to a Cash Buyer

When you decide to sell your home, investment property, or a house you’ve inherited, you’ll need to choose how you want to sell it. There are three primary options:

  1. Listing the home through a real estate agent
  2. Selling it yourself as a “For Sale By Owner”
  3. Selling to a cash buyer

How do you know which one is the right option for you? You’ll need to know the pros and cons before you decide. That way you can determine which method is best for your budget, your timeline, and your property.

Pros and Cons of Using a Real Estate Agent

This is the most popular way to sell a home, but it’s also the most expensive. Real estate agents get around 6% commission on your sale. They may split it between two agents (the buyer’s agent and the seller’s agent), but either way, it’s a big chunk of your profits. The average home price in California is around $575,000, making the average commission an eye-watering $34,500. You can try to negotiate the commission rate or try to get the buyer to pay the fees, but in most cases, that money is coming out of your profits.

So what are the advantages of using a real estate agent? You’ll have access to their mailing list. Real estate agents are good at marketing houses, and they’ll have a list of potential buyers to whom they can market your house. But if your house isn’t the kind those buyers want to purchase, then even the best marketing efforts won’t sell your property any faster. Real estate agents may be less motivated to sell a home that’s on the lower end of the market, too, since they’ll make less money on it. That means less effort to get the right buyers to your property for a viewing. They love pristine homes that are going to turn a quick profit.

Pros and Cons of “For Sale by Owner”

If you decide to try to sell your home yourself, the biggest advantage is the financial one. You’ll be saving yourself some or all the usual agent fees. That can be appealing to someone who wants to get the biggest amount possible out of the sale of their home.

But there are several downsides to this option. First, all the pressure is on you. You’ll be responsible for marketing, showing, and staging your home yourself. If you already have other family and work commitments, this can be a big demand on your time. Additionally, you’ll need to be patient. It takes a lot longer to sell a home yourself. Not only will it probably take longer to get an offer, but the process to actually close the sale will take a lot longer. This is an option best left to those who don’t mind waiting up to a year to close the deal.

Why Selling Your Property for Cash May Be Your Best Option

  • It’s a lot faster. Cash buyers are able to move a lot faster when it comes to purchasing your home because they don’t need to wait for approval from a mortgage company. There is no financing process to delay the sale. Once you accept the offer, a cash sale can close in as little as two weeks. That gives the title company enough time to check for liens and prepare the paperwork for the closing. Then, it’s just a matter of signing the documents and transferring the funds.
  • The house sells as-is. When you work with a cash buyer, you’ll be getting fair market value for your home as-is. That means the buyer will take into account any repairs needed as well as the general condition of your home. Because of this, you’ll get a fair price no matter its condition. There is no need to worry about curb appeal, no need to make a big investment, and no need to spend your time fixing it up. All you have to do is sign the paperwork and pack your bags.
  • It’s stress-free. Instead of waiting day after day for a phone call letting you know you have an offer, you’ll get a cash offer on your home today. That eliminates your concerns about when you’ll be able to sell and how much you’ll get for your home. You’ll have the answers you need today and can start making plans for the future.

The Easy Process of Selling Your Home Quick For Cash

Not only is selling your home to a cash buyer the quickest method, but it’s also the least stressful. You can sell your home in as little as three steps:

  1. Fill out the contact form or call our team at (949) 506-3973. Our team will gather some preliminary information on your property.
  2. Schedule a no-obligation home inspection and appraisal. Our team will walk through the property and make note of its current condition.
  3. Accept our cash offer and close within days. We’ll make a cash offer on your property that’s fair for the current condition and market. When you accept, we’ll get the paperwork started to close the deal.

Seller’s Advantage will offer you a fair price for your property. You have nothing to lose by calling for a free, no-obligation appraisal. If you aren’t happy with the offer, we’ll walk away. But if you want to sell your home quickly and eliminate the hassle and stress of waiting for a buyer, then let’s get the process started. You could close the sale in as little as two weeks by getting in touch with us today.

 

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